RBI allows Sebi-regulated depositories to include customer deposit details in statements: What changes for investors?
The Reserve Bank of India has issued a circular that permits SEBI‑registered depositories to add customers’ bank‑deposit information to the same statement that already shows their equity, debt and other securities. The change is slated to be operational by the end of 2026.
For retail investors this creates a single‑page snapshot of both market holdings and cash balances, simplifying portfolio tracking and potentially reducing the need to pull data from multiple sources. The move also aligns depositories with the broader push for interoperable account‑aggregation services offered by NBFCs, meaning a user could view all financial products through one aggregator account.
Investors should keep an eye on the rollout schedule, any technical guidelines issued by the RBI or SEBI, and how quickly depositories and aggregators adopt the new format. Updates on data‑privacy safeguards and any fees associated with the consolidated statements will also be worth monitoring.
Excerpt from Economic Times
RBI announced measures to simplify financial tracking, allowing SEBI-registered depositories to include bank deposit details alongside securities, equity and debt holdings in a single consolidated statement by end-2026. It also approved interoperability among NBFC account aggregators, enabling financial information to…Read the original at Economic Times
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
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